₦airaland Forum

vinco82:
How can somebody detect which stock the PFMs invest in?

Read:
http://www.nse.com.ng/investors/becoming-an-investor/FAQs/NSE%20Pension%20Index.pdf

PETERiCHY:
The way some of us are groving about OANDO predicament, while waiting for it at 800% discount

*ThE OcToPuS*

lollx
#Iskaba

Calebbold:
Expect fidelity bank q3 result 23th of Oct 2017 ie next week Monday.
We hope for the best.

very bulllsih chart !

Manonamission:
I believe you meant Wale Tinubu will walk. Don't put your money on it. SEC has already reached a conclusion of their own with damning evidences against the management. They are only enlisting the help of a professional audit firm to confirm if so or not. There will be casualties.

"SEC explained that it had carried out a comprehensive review of the petitions from Mangal and Ansbury and found a breach of the provisions of the Investments & Securities Act (ISA) 2007; breach of the SEC Code of Corporate Governance for Public Companies; suspected insider dealing; suspected related party transactions not conducted at arm’s length; and discrepancies in the shareholding structure of Oando Plc, among others.
SEC said these findings were weighty and needed further investigation."

umm

DeRuggedProf:
Can someone help us see what is going on in GUINESS?
chartists assist.

after 15 months below N100 , it not easy to shake off a long bearis trend & adjust to new price levels and a new trend
- d 50 dma now above 200 dma (long term is now up)
- its now higher lows and higher highers going fwd

bigjay01:
Flashback
on 07/05/2008 closing prices
UBA N60.12, FBNH 48.48 whilst GTB 33.78

fast forward 10yrs down the line ...

Lesson 101 - Corporate governance premium is priceless

Nice throw back

dipoolowoo:
More Trouble as Johannesburg Stock Exchange Suspends Oando Shares
https://www.businesspost.ng/2017/10/19/johannesburg-stock-exchange-suspends-oando-shares/

umm grab more pop corn

BullBEarMkt
- o toh joh me ta
- pls wh wave we de ohh??
- Feel free to use Ichimoku Cloud to expanciate


#kidding
cheers bro

yok:
THIS MARKET IS HIGHLY TECHNICAL

Yesterday, I saw the index closed on the nearest support level. Today it refused to go down.

What this is telling me is that, a player in the market nee to have some knowledge of Technical analysis to make money. Equally the sectoral leaders of recent have been very clear without any confusion.

See the chart below.

- index looking to break dat 37k ! umm
- always nice to indicate if it's a daily, weekly or monthly chart

Intendy:
stocks with new 52 week highs

international breweries #46.52k
fidson #3.59k
boc gases #3.96k
NEM #1.41k
GSK #24.00k
stanbic Ibtc #44.30k
no new 52 week lows

Stanbic be like YIMU to all FA's


#SolidChartStudy

pluto09:
Yes, I still remember.
I have to admit that zenith q3 is an improvement over q2
-impairment charges is down from about 42b in 1/2 year to just
4.6b in q3
-percentage of trading income to gross income has also come
down.
Those were my major concern with zenith in q2.

I am impressed with zenith latest result while I am dissapointed with uba.
Will likely reduce my exposure to uba and buy some zenith shares if the price is right.

We de here gidigbam
TA looks very good with the break above troublesome resistance
Look fwd to your comments on Fidelity !

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/19877_ZENITH_BANK_-_9_MONTHS_SEPT_2017_FINANCIAL_STATEMENTS_OCTOBER_2017.pdf

DeRuggedProf:
O and O.
O an DO.



Albert Einstein once said that clever people solve problems, wise people avoid problems.
Chose to be clever if you are in the bus.
Be wise if you are outside the bus.

um
tnx Prof

Mpeace:
Result is also the same as last year's. The real deal should be Zenithbank. They should surpass gtb on all fours by far, as far as result goes.

for sure but will similar sentiment apply ! !
dat said , weekly RSI supports some explosiveness , now >69.1

Intendy:
stocks with new 52 week highs

GSK #23.15k

Fidelity #1.48k
Guinness #101.00k
no new 52 week lows

Pennybank Race Update
- Mr Mkt has declared fidelity d clear winner wt over 30kobo gap
in 2nd place we have diamond and at d bottom of d pack Fcmb

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/19866_GTBANK_-_9_MONTHS_SEPT_2017_FINANCIAL_STATEMENTS_OCTOBER_2017.pdf

- Balance sheet in safety mode !

#JustSavage #NoChill

Fidelity
- a lot of juice here ..
- still reminds me of UCAP last yr . it will break N2 and pple will be waiting at 1.50
um

DangSugar
- break above N14 done
- opens strong today !
- shud retest prev high
- hold or buy , ur okay

Intendy:
Notification of Suspension of Trading in the Shares of Oando Plc Dealing Members are hereby notified that the Securities and Exchange Commission has directed The Nigerian Stock Exchange to suspend trading in the shares of Oando Plc as follows: 1. Effective for forty-eight (48) hours from today, 18 October 2017 to 20 October 2017, The Exchange should implement a full suspension in the trading of the shares of Oando Plc; and 2. Effective from 20 October 2017 and until further directive, The Exchange should implement a technical suspension in the shares of Oando Plc. A full suspension is the halt of trading activities in a listed security for a period. A technical suspension is the interruption of price movement in a listed security for a period so that any dealings in the securities which occur during the period of the suspension will not result in any change in price, which change may have occurred had the suspension not been implemented. In the 48 hour period commencing today, there will be no trading in the shares of Oando Plc. Thereafter, effective 20 October 2017, investors will be able to trade in Oando Plc shares but such trading will not result in any movement in the price of the shares. The above is for your information and records update please.

Oando again ! !
Grab more pop corn

sellydion:


DF touched N7 today again. Hum.

-

- re-test

#stayLong

Access

- still consolidating
- weekly chart forming ascending triangle (bullish continuation), needs to break above N10.44 on d weekly
- patience

fxuser:
- bearish Supply drying up !
- N22 support seems valid thus far !

Update on Zenith
- from N22 support to testing a very sensitive supply area !
- we got a close above N26 psychological level
- a weekly close above dis lvel will add further confirmation to a bullish break
- however '' IF '' SP can close above N26 on d weekly & above N27.40 on d monthly . . just hold and expect break above N30 and beyond
- pls not the ''IF's


Dis:
Added more at support. Will be adding more confirmation of break

Note:
It is always better to buy 52 wk highs than 52 week lows.

fxuser:
- bearish Supply drying up !
- N22 support seems valid thus far !

Update on Zenith
- from N22 support to testing a very sensitive supply area !
- we got a close above N26 psychological level
- a weekly close above dis lvel will add further confirmation to a bullish break
- however '' IF '' SP can close above N26 on d weekly & above N27.40 on d monthly . . just hold and expect break above N30 and beyond
- pls not the ''IF's


Dis:
Added more at support. Will be adding more after confirmation of break

Note:
It is always better to buy 52 wk highs than 52 week lows.

Intendy:
stocks with new 52 weeks highs

fidelity bank #1.47k
Apr #3.71k
gsk #22.05k
nascon #13.85k
zenith #26.30k
Ibtc #33.00k
gtb #42.10k
no new 52 weeks lows

breaking 52 week highs !
healthy for index

Zenith
- awaited break above n26 on decent vol

Fidelity
- full bid on a monday !
- umm breaking a major psychological level

Manonamission:
https://www.proshareng.com/news/Products%20&%20Services/Meristem-Securities-to-Officially-Launch-its-MeriGame-Portal-on-October-17/36699

For newbies looking to boost their confidence in the stock market, gurus confident of their stock picking prowess and anyone interested in playing.

nice

CI Leasing
- sellers chased out early ! new wave

Index
- a good start wt decent upsides & higher openings .

PETERiCHY:
#2 loading......... Diamond last forever

*ThE OcToPuS*

army units advanced overnight Sunday toward Kirkuk, a major oil city that's dominated by the country's Kurdish people and which recently declared independence.
The Iraqi national army has taken control of "vast areas" without opposition from Kurdish peshmerga fighters, Reuters reported, citing state television. There were no confirmed reports of fighting.
Oil prices reacted strongly to the news, with Brent crude rising more than 1 percent to $57.77 a barrel during Asian trade on Monday.

https://www.cnbc.com/2017/10/15/kurds-and-iraq-iraqi-troops-advance-on-kirkuk-and-oil-spikes.html?__source=newsletter|breakingnews

brent looking at testing $60/bbl
it found support above $55 for a few weeks now
good for Naira support
tough for heavy diesel users wt prices up from N145 to N200/ ltr in d last 3 wks

mendes911:
Very funny result. Was there any debt to share conversion on FO? Total comprehensive income almost doubled but I don't understand their EPS.

In line with Q2 .. power contribution increasing with possible tax breaks from GENCO status . Wud be interesting to see transcorp